Wednesday, November 20, 2013

KBB names 2014 Honda Accord Plug-In Hybrid the PHEV with best resale value

By: Sebastian Blanco

A number of automakers proudly touted their vehicles' inclusion on the 2013 edition of the Kelley Blue Book's Best Resale Value list this week. But only Honda can say (and did, of course) that the 2014 Honda Accord Plug-In Hybrid is the PHEV with the best resale value. Even though the car only went on sale in January 2013 and we don't expect too many to be available on the used market any time soon, KBB puts vehicles on the list that are "expected to maintain the greatest proportion of their original Manufacturer's Suggested Retail Price (MSRP) after five years of ownership." It's a futures thing.

The Accord PHEV was one of four Hondas on KBB's list – the others were the 2014 Honda CR-V (top ten finalist), the standard Accord (best mid-size car) and the 2014 Civic Si (best sporty compact car) – and there were many more from other automakers. You can read more over on Autoblog.

This is the first year (we think) that KBB has had a special PHEV category in its best resale awards. Last year, the 2013 Ford Fusion Hybrid was named the best hybrid/alternative energy car. And the year before, the 2012 Honda Civic Hybrid was named the best hybrid car.

Official Press Release:

American Honda received four Best Resale Value Awards from trusted vehicle valuation source Kelley Blue Book The 2014 Honda Accord, the all-new 2014 Plug-in Hybrid Accord the restyled 2014 Civic Si, each earned the top award in their respective segment for projected resale value after five years of ownership. Additionally, the 2014 Honda CR-V was honored as one of the overall Top 10 Best Resale Value vehicles in America.

2014 Honda Vehicles Honored with Kelley Blue Book Best Resale Value Awards

2014 Honda Accord – Best Resale Value: Mid-Size Car
2014 Honda Accord Plug-In Hybrid – Best Resale Value: Plug-In Vehicle
2014 Honda Civic Si – Best Resale Value: Sporty Compact Car
2014 Honda CR-V – Best Resale Value: Top 10

"Honda vehicles are engineered to provide a fun-to-drive experience as well as overall value for the money," said Michael Accavitti, senior vice president of automobile operations at American Honda. "With a continued focus on quality, fuel efficiency and premium content, we have always believed that a Honda provides every buyer with added value, and we are honored to be recognized for our efforts by valuation leader Kelley Blue Book."

Kelley Blue Book's Best Resale Value Awards are based on projections from the Kelley Blue Book® Official Residual Value Guide. These prestigious awards honor vehicles expected to maintain the greatest proportion of their original Manufacturer's Suggested Retail Price (MSRP) after five years of ownership. Since depreciation (or loss of value) is typically a car buyer's primary expense during ownership, these awards are designed to help consumers make more informed car-buying decisions.

"Honda earns three segment awards this year and a seat in the Top 10 with its impressive lineup," said Eric Ibara, director of residual consulting for Kelley Blue Book. "Repeating their category wins for the 2014 model year, Honda Accord, CR-V and Civic Si live up to its high expectations, continuing to dominate among competitors."

For more information about Kelley Blue Book's Best Resale Value Awards, please visit:

Source: Autoblog

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